SURPRISE, SURPRISE, SURPRISE, … They Just Can’t Help It, Democrats Push for Tax Hikes First in Deficit Talks
As reported by Reuters,Democrats on the deficit reduction “super-committee” want to talk tax hikes first. Does this really come as a shock to anyone and just proves what a stupid idea this was in the first place. What a surprise, Democrats want to discuss raising taxes. is there ever a time that Democrats don’t want to raise taxes on Americans?
Democrats want tax hikes to be the first item negotiated in “super committee” deficit-reduction talks, trying to force Republicans to confront an issue at the heart of this year’s budget fights, sources told Reuters.
The tough stance by Democratic members of the powerful 12-member congressional panel reflects the party’s wariness that Republicans might try to sideline the issue of revenue increases in the negotiations.
“They’ve raised the idea of doing taxes first,” a Republican aide involved in the discussions said on Friday on condition of anonymity.
As stated at the American Thinker, there is so much out of control spending by the US government, raising taxes is not the answer … there have to be reductions in spending at all levels. The question is who has the guts to do it?
Consider: Over the next 10 years the federal government will spend over $40 trillion. The idea that there is not $1.2 trillion out of that mind boggling sum to cut without raising taxes a dime is beyond belief. There is probably 5 times that amount that could be cut without raising taxes – if we had a congress and political parties with the spine to do it.
Posted October 2, 2011 by Scared Monkeys Barack Obama, Budget Deficits, Democrats, Economy, Government, Liberals, National Debt, Politics, Progressives, Republican | 3 comments |
Barack Obama, A President to No Where … “I, I, I, I, I’m, I’m a warrior for the middle class”
When you have to continuously tell people, it’s not class warfare and that “I, I, I, I, I’m, I’m a warrior for the middle class,” chances are neither statement is the truth. But what else should we expect from the “I, I, I, Me, Me, Me” President?
VIDEO Hat Tip: Real Clear Politics
“Now the Republicans, you know when I, I talked about this earlier in the week. They said ‘well, this is class warfare.’ You know what? If asking a billionaire to pay their fair of taxes. To pay the same tax rate as a plumber or a teacher is class warfare, then you know what? I, I, I, I, I’m, I’m a warrior for the middle class. I’m happy to fight for the middle class,” President Obama said at the Brent Spence Bridge in Cincinnati, OH.
Interestingly enough, former President Bill Clinton thought that Obama’s jobs, federal deficit and “Buffet” rule was a little confusing and a lot misguided. Clinton basically rejected the millionaire tax, knowing that it will hinder economic growth and be taxed to individuals who make much less that $1 million.
Former President Bill Clinton says Obama’s approach to taming the federal deficit “is a little confusing” and suggests that raising taxes would blockade any efforts to revive the stale U.S. economy. During an interview with Newsmax CEO Christopher Ruddy in New York, where Clinton held the 10th annual meeting of the Clinton Global Initiative, the former President discussed political topics such as climate change, tax policy, and government regulations. He also mentioned the possibility of his wife, Hillary, running for President in 2016, naming her “the ablest person in my generation.”
Clinton conceded to Ruddy that he was somewhat baffled with President Obama’s newly-announced tax plan — the “Buffett Rule” — which would raise taxes on individuals earning over $1 million. “In the speech that the president gave to Congress, he didn’t propose any new taxes. The speech was $250 billion in tax cuts, $250 billion in spending over a period of two to three years. It focused mostly on a rather innovative set of payroll tax cuts and incentives to hire people,” Clinton asserted.
Posted September 22, 2011 by Scared Monkeys 2012 Elections, Barack Obama, Budget Deficits, Economy, Jobs, National Debt, Obamanation, Obamanomics, Presidential Election, Recession, Unemployment, You Tube - VIDEO | 8 comments |
President Barack Obama Sinks to All-Time Job Approval Low in Washington Post-ABC News Poll
Obama’s “Hope & Change” has turned to threats & fear and has resulted in all time polling lows …
According to the most recent WAPO-ABC News poll, President Barack Obama has sunk to an all-time low, or high, disapproval rating of 53%. On handling the economy Obama has a 62% disapproval rating, creating jobs, 62% disapproval and handling the federal budget, 60% disapproval. Only 36% of Americans polled approve of Obama’s handling of the economy. Is it any wonder why Obama and his union minions have been set out to attack the GOP and Tea Party to divert attention from the President’s failed policies.
Full polling data can be seen HERE.
Public pessimism about the direction of the country has jumped to its highest level in nearly three years, erasing the sense of hope that followed President Obama’s inauguration and pushing his approval ratings to a record low, according to a new Washington Post-ABC News poll.
More than 60 percent of those surveyed say they disapprove of the way the president is handling the economy and, what has become issue No. 1, the stagnant jobs situation. Just 43 percent now approve of the job he is doing overall, a new career low; 53 percent disapprove, a new high.
Nearly 2/3′s of America disapproves of the job that President Obama has done in handling the economy. Americans disagree with the direction of the country and how Obama has handled his job. So that begs the questions, why should Republicans do more of the same of what Obama’s wants in fixing the economy? They answer is, they should not. There might be a few issues that they can agree on, but trillion $ stimulus or even 100′s of billions is out of the question.
How does Obama win in 2012 with a 53% job disapproval rating in the WAPO?
Posted September 6, 2011 by Scared Monkeys 2012 Elections, Barack Obama, Budget Deficits, Economy, Job Approval, Jobs, National Debt, Obamanation, Obamanomics, Polls, Presidential Election, Recession, Unemployment, WAPO-ABC News | 9 comments |
Obamanonics vs. Reaganomics: One a Complete Failure, the Other a Resounding Success … “It was the best of times, it was the worst of times”
Call it a Tale of Two Presidencies, Obamanonics vs. Reaganomics.
You make the call which is which, it should not be too difficult to determine Obama from Reagan. Democrats and the MSM like to call Obama “Reaganesque;” however, any common sense thinking person knows Obama is “Carteresque”. The talking points of the LEFT is that Obama inherited a bad economy and they have constantly used that as an excuse. Flashback to Ronald Reagan, who inherited a worse economy from Jimmy Carter and turned it around. No one heard excused from President Reagan, they got results instead.
Ronald Reagan, Barack Obama – the two should never be mentioned in the same sentence
“It was the best of times [Reagan], it was the worst of times [Obama], it was the age of wisdom [Reagan], it was the age of foolishness [Obama], it was the epoch of belief [Reagan], it was the epoch of incredulity [Obama], it was the season of Light [Reagan], it was the season of Darkness [Obama], it was the spring of hope [Reagan], it was the winter of despair [Obama], we had everything before us [Reagan], we had nothing before us [Obama], we were all going direct to Heaven [Reagan], we were all going direct the other way [Obama] …
Democrats like to compare Barack Obama to former President Ronald Reagan, but do they really? Not after reading the Wallstreet Journal’s latest article spelling out the failed accomplishments of Obamanomics and the success of Reaganomics. No honest and thinking person could ever compare the two Presidents, the manner in which they went going about fixing a terrible economy and the results of their policies. The key words here were “honest” and “thinking”. The MSM seems to have amnesia when they compare Obama and Reagan forgetting the fact that “The Great Communicators” policies
The two presidents have a lot in common. Both inherited an American economy in collapse. And both applied daring, expensive remedies. Mr. Reagan passed the biggest tax cut ever, combined with an agenda of deregulation, monetary restraint and spending controls. Mr. Obama, of course, has given us a $1 trillion spending stimulus.
By the end of the summer of Reagan’s third year in office, the economy was soaring. The GDP growth rate was 5% and racing toward 7%, even 8% growth. In 1983 and ’84 output was growing so fast the biggest worry was that the economy would “overheat.” In the summer of 2011 we have an economy limping along at barely 1% growth and by some indications headed toward a “double-dip” recession. By the end of Reagan’s first term, it was Morning in America. Today there is gloomy talk of America in its twilight.
My purpose here is not more Reagan idolatry, but to point out an incontrovertible truth: One program for recovery worked, and the other hasn’t.
Posted August 29, 2011 by Scared Monkeys Barack Obama, Budget Deficits, Economy, Energy, GDP, Government, Hope and Change, Jobs, Lost in Smallness, Media Bias, Misery Index, Nanny State - Big Government, National Debt, Obamacare, Obamanation, Obamanomics, Out of Control Spending, Ronald Wilson Reagan, Unemployment | 16 comments |
Former Secretary of State Colin Powell Says “I haven’t decided who I’m going to vote for” in 2012 Presidential Election
This morning on CBS’s ‘Face the Nation’, Former Secretary of State Colin Powell stated that he had not “decided who he was going to vote for” in the 2012 Presidential election. It appears that Colin Powell has lost that Obama Luvin’ Feeling.After having crossed party lines and voting for Obama in 2008, Powell said that he was not necessarily going to support Obama for reelection in 2012. Really Colin? What was your first inkling to think this?
Discussion starts at the 7:15 mark of the above VIDEO
Former Secretary of State Colin Powell, who famously crossed party lines to vote for President Obama in 2008, said today that he’s not necessarily supporting the president for reelection in 2012.
“I haven’t decided who I’m going to vote for,” Powell said on CBS’ “Face the Nation.” “Just as was the case in 2008, I am going to watch the campaign unfold. In the course of my life I have voted for Democrats, I have voted for Republicans, I have changed from one four-year cycle to another.
Powell stated that there are plenty of interesting Republican candidates and that he will take a look; however, did not commit nor state who he thought was the front runner. The question that should have been asked of Powell and for obvious reasons was not by CBS was … in the past Mr. Powell you praised Barack Obama’s leadership style in 2008 in endorsing him and stated that before the election that Obama “has a definite way of doing business that will serve us well.” Do you still stand by those comments?
Posted August 28, 2011 by Scared Monkeys 2012 Elections, Barack Obama, Budget Deficits, Democrats, Economy, GDP, Hope and Change, Jobs, National Debt, Obamacare, Obamanation, Obamanomics, Presidential Contenders, Presidential Election, Recession, Unemployment | 6 comments |